Tag Archives: Property Value

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

Newton’s Third Law of Motion is simple and straightforward. For every action there is an equal and opposite reaction. Newton’s Third Law of Motion is as much a financial and economic term as it is for physics. Incentives and restrictions placed upon people and businesses have the potential to both speed or impede demand for …Read more

Housing continues to gain strength and the prognosis is for more of the same. Gains are approaching systemic levels across the country, though some markets still trail and others excel. In a study of 333 metros across the nation, 86 percent are forecasted by Veros Real Estate Solutions (Veros) to post rising property values in …Read more

As we head into peak holiday sales season at the cash register, people are looking for the best deals possible. The same is true in the housing market. To find the biggest discounts, so-to-speak, Zillow used two metrics to find the best “Sale” on housing. The first is the largest price cuts as a percentage …Read more

Economics is based on supply and demand in which the interaction of the two determines price. For landlords of residential rental properties, supply and demand continue to work in their favor. At least for now. Since the burst of the housing bubble, homeownership rates have declined from almost 70 percent at the peak to 64 …Read more

This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a new granddaughter as my daughter, son-in-law and children live there. The Portland-Vancouver-Hillsboro Metropolitan Statistical Area (MSA) created 28,900 net …Read more

As the summer weather warms, so is the housing market. May 2014 existing home sales rose 4.9 percent from April to a seasonally adjusted annualized rate (SAAR) of 4.89 million sales according to the National Association of Realtors®. With April’s 4.66 million sales on a SAAR basis (revised upwards), that made the largest sequential monthly …Read more

As the summer kicks off, many renew the dream of buying and owning a property on or near a beach. After all, what is more mesmerizing than watching, being in or on the water. RealtryTrac® analyzed 100 beach towns in the U.S. They examined the average daily temperature, percentage of sunny days, percentage of days …Read more

Existing home sales, for the first time in 2014, increased sequentially from the prior month, rising to 4.65 million sales on a seasonally adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR). On a year-over-year basis, however, home sales were down 6.8 percent from the 4.99 million SAAR posted in April 2013. …Read more

As housing continues to recover, the laggard in the sector is new housing sales. New home sales were essentially flat in the first quarter of this year when to the same period of 2013 – 107,000 in 2014 versus 109,000 in 2013 http://blog.stewart.com/stewart/2014/04/25/new-home-sales-misleading-metrics-downturn-not-as-severe-as-thought-year-over-year-q1-sales-almost-identical/ The same is true for single family residential building permits. Single family …Read more